Overview

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Est.

2007

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Chesapeake Regional Medical Group, a nonprofit organization based in Chesapeake, Virginia, focuses on managed care and health by attracting and retaining hard-to-find physicians through practice administration assistance. With an operating budget of $40 million and total revenue of $20 million for the filing year 2024, the organization relies on multiple funders, none of which contribute 50% or more of its revenue. For more information, visit www.chesapeakeregional.com.

Mission Statement

THE MISSION OF CHESAPEAKE REGIONAL MEDICAL GROUP IS TO ATTRACT HARD-TO-FIND PHYSICIANS TO THE CHESAPEAKE, VIRGINIA AREA AND RETAIN THEM WITH PRACTICE ADMINISTRATION ASSISTANCE.
Revenues
$20M
Expenses
$40M
Net Income:
-$20M
Assets
$10.3M
Liabilities
$124.4M
Net Assets:
-$114.1M
Operating Budget
$40M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$14.6K
Largest grant received
$148K
J
John Maxwell
Board Member
K
Kristi Wooten
Board Member
B
Baxter Ennis
Board Member

Frequently Asked Questions

What is CHESAPEAKE REGIONAL MEDICAL GROUP’s budget?
In 2024, CHESAPEAKE REGIONAL MEDICAL GROUP reported an annual operating budget of around $40 million. More detailed financial information is available to registered users.
What causes does CHESAPEAKE REGIONAL MEDICAL GROUP support?
CHESAPEAKE REGIONAL MEDICAL GROUP supports work in Managed care and Health.
Where does CHESAPEAKE REGIONAL MEDICAL GROUP operate?
CHESAPEAKE REGIONAL MEDICAL GROUP is headquartered in Chesapeake, VA.
Who funded CHESAPEAKE REGIONAL MEDICAL GROUP recently?
In 2024, CHESAPEAKE REGIONAL MEDICAL GROUP received grants from VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION, INVITED FOUNDATION, and DOMINION ENERGY CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant CHESAPEAKE REGIONAL MEDICAL GROUP received in 2024?
The largest grant to CHESAPEAKE REGIONAL MEDICAL GROUP in 2024 exceeds $148 thousand.